Apple Inc. Might Be Making a Mistake With Its 2018 iPhone Lineup
KGI Securities analyst Ming-Chi Kuo, whose track record of predicting the capabilities of future Apple (NASDAQ: AAPL) iPhones is quite strong, recently made a somewhat troubling prediction about the company's 2018 iPhone models.
Kuo reportedly said that Apple will focus on "reducing costs and selling prices" of its next-generation iPhone X line while also working to deliver "more product lines to attract more customers."
Although the second part of Kuo's claim is good news -- a broader portfolio of iPhone X products could help boost shipments -- I'm a little uneasy about Kuo's claim that Apple will also work to cut production costs and selling prices.
Source: Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 101 Buy predictions and 13 Sell predictions.
As a result the target price of 207 € shows a slightly positive potential of 4.02% compared to the current price of 199.0 € for Apple Inc..